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in with a safety plan to safeguard russian deposits in cyprus. steve sedgwick is in moscow where he caught up with the finance minister there an hour or so ago. steve? >> they turned to russians once again. there's a loan on the table from russians dating back from 2011 so it's not the exception to it the rule for the cypriots to turn to the russians. the russians themselves are indignant they weren't brought into talks. let's hear what he had to say earlier on about the state of the current talks. >> first meeting very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we hope we will get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way would this be beyond that? >> we don't know. we don't know yet. we don't have any details. we just continue the discussions and they're waiting for us now t
.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on your bank deposits, you will not be happy. if you're a politicianin cyprus you're dealing with this and they're bank backing away from it. it was a bad idea in the first place. cyprus needs $10 billion from the european union and the european central bank and they have given others like greece hundreds of billions of dollars. they're upset. the cypriot banks are insolvent. they're going, they will get a run. melissa: they are insolvent and they will get a run, yeah. >> but it's notot cyprus's fault in my view. melissa: doesn't matter whose fault it is if
. the idea this could happen here is still a haunting one, one that will be addressed by steve forbes in this hour. steve forbes, "forbes" media chairman and editor-in-chief weighs in. shibani: we'll look forward to that. after hurricane sandy ravaged downtown manhattan signs of spring are emerging not necessarily in the weather but the housing market. real estate sales in the area sky vapering -- skyscrapering high. this developer had 600 million in sales this month alone. can you believe the commission on that. david: resilience lower manhattan never ends. stocks pushing higher, bouncing back from the biggest drop in nearly a month on the expectations cyprus will reach some kind of a deal over the weekend but today's gains came up post posting a weekly loss, a weekly loss. today woos good. the dow falling into the red for the first time in five weeks, while the nasdaq and s&p 500 snapped three straight weeks of gains. consumer step peltz and telecom were this week's top performing s&p sectors. >>> natural gas falling into the red but closed the week higher. prices rose more than 1%
? it is by going mini. steve crutchfield takes you to countdown college late other than this hour -- later on this hour. and we are used to charlie, like, constantly on the phone, burning up the phone lines in this building. all right, his phone was ringing off the hook. wait until you hear which industry is dialing charlie's number, and they've got his cell phone, it's even worse. next. ♪ it's monday. a brand new start. your chance to rise and ine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a pr
a news conference and steve liesman will join us with the exclusive findings of the cnbc fed survey, coming up at the top of the next hour. the other big global market this morning continues to be cyprus. the parliament there is expected to reject the attacks on bank deposits. the decision would effect hely block a bailout and push the island nation closer to a debt default and banking collapse. it is possible the vote today won't happen if leaders are sure it will be rejected. as for the global markets this morning, the major equity indexes closing lower yesterday, in large part because of fears about that cyprus bailout plan. and it's on track to post its best numbers of the year. >> the biggest corporate headline this morning is a weird one. lululemon is pulling shipments of some women's yoga pants from its stores. the athletic clothing store says the move is going to hurt its bottom line. they had an unacceptable level of sheerness, so you could see through them a little bit too much. that's the problem. the decision to pull the pants will be lead to go a shortage of its black w
. steve sedgwick is there and asked a question of the two leaders. >> are we proving time and time again in europe that we're not understanding the russian national interest over issues such as cyprus, over issues such as trade in wto, energy and elsewhere? >> i believe i understand the position of russia. i believe why russia has that position, but we have another perception and reality. the question is, is this a real obstacle for achieving progress? for instance, we have discussed today here for trade, investment, energy to mobility. i don't think it is. >> and michelle caruso cabrera will join us with more in the next hour. >> customers, by the way, are finally going to be able to get their hands on the blb 10 today. jackie deangelis has more on this debut. jackie, i know joe is a skeptic now that he's a new i tone -- >> my life is so enriched. >> but i am still completely reliant on this thing. this one doesn't even have the real keyboard, right? >> right. and you make a really good point. a lot of people are still relying on the blackberry. it does go on sale at at&t here today. i
's quarterly results and guidance perhaps a little bit disappointing. let's get back to our guest host steve romack for the last words. you like aon. it's one of the larger positions. >> only 20% comes from the u.s. of the revenue -- is that what you said? >> 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we're finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we're long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. >> anything else that you like? >> you don't like the consumer. >> we're cautious. we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you'
is not. voting to keep what for many is really no big whoop. one more day of junk mitchell -- steve is not impressed because he doesn't like congress stamping out an easy money fix. wouldn't really shave many doors in the scheme of things but it's led us back to the beginning. what happened? >> this is maybe the first time ever in washington's story -- this is a big story here. we have a government agency that actually wants to cut its budget. it wants to -- >> neil: bingo. wants to downsize. >> congress won't let them. never seen this before. congress is saying you can't touch your budget. it would be one thing if the postal service were earning profit and they had extra money but we're talking bat government agency, because of the decline in mail volume, losing in the neighborhood of 10 to $12 billion a year. this his the first baby step. >> neil: why was this rejected in part of a bigger thing. it wasn't as if they were just fighting this. do they want a more aggressive approach or were they saying, we about to start from scratch? >> first of all, that's the big problem. you have
administration is giving them. questions? lots of questions. steve, bad timing or is it? >> we've been doing this for years and years, i don't know if timing is the issue, you actually got it right, reason we give money to egypt and palestinians. this is a bribe, we say we'll give you money if you don't invade israel. but at a time with big cuts and programs that people care about, i was writing today about impending cuts in air traffic control system that will cause havoc in the airports, people are saying, why are you cunning this not that. neil: that sounds unreasonable. >> ier in heard that before. e never heard this before. >> the question, 300 million is last year's money. that money was -- >> use that to keep the white house open. >> that was frozen by congress, and quietly, unfrozen, is the word they are using. and obama seeking 200 million already appropriated this year from pot that says 440 million, so we're walking around throwing out money, like little christmas goodies every time john ke kerrr barack obama visits a place. neil: you can see how americans are seeing this even fed
. it was a growth stock. it missed the quarter. quarters matter and andy grove, they went toe to toe with steve jobs in walter eisen's book, but the quarterly increment, and it is a fair way to judge everybody. >> best book ever. >> apple's failed that test of the quarterly report. >> all right. coming up, is a yoga pants crisis coming? lululemon recalling pants that are too sheer. picture this. now there could be a shortage in the price of yogawear, what might that mean for the stock? we'll talk about that and tight, sheer, yoga pants, melissa. >> lulugetton. . you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. falling. falling. it is recalling some of its yoga pants because of their sheerness. the move affects 17% of the bottoms it has in stock and lululemon is offering full refunds to customers. one analyst points out t
that apple is at risk of having a dusty product? >> well, i think you have to separate two things. steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a du
and possibly steve cohen but that may not be the case. here's charlie. >> kind of interesting what we at the fox business network has learned from sources close to the government investigation to insider trading that a slew, that is how it has been described as, a slew of new cases are likely to come and i think they're coming from the civil side. so this is an. sec investigation, these are sec cases, coming in the next couple weeks involving inside trading. we don't have names. we don't have people. we do know one thing. what we've been told is that this does not involve sac capital and steve cohen. that regulators still have a very tough time making a case against the sac chairman, ceo and the company as you know just, asac just settled a case, sac settled the case with the sec recently. but here's what we do know. more cases are on the way. as i've been reporting in the past this destination was supposed to be sort of winding down but they do have more cases in the pipeline and we're supposed to see those cases. they don't involve sac. they don't involve cohen but we're supposed to
anywhere. salon -- msnbc cycle co-host, steve kornacki will be taking over for me. he will be hosting the show at this desk, the same format, time slot and spirit. he's a fantastic analyst and curious and deeply kind and good-natured you ared. i think he's an absolute perfect fit. during the republican primary season when i was asked to host live coverage on the saturday night of the main caucus, i would characterize my knowledge of republican party politics as fairly limited but somehow we had the good fortune of knowing steve who knew every single politician in the state, what races they won and lost and how the political disputes were laying out. if you crave deep knowledge, you're going to love steve. also, another bit of good news for uppers, the executive producer of this show, jonathan larson who has been my partner in developing the show is going to stay with up with steve so the high standards he's brought to the production of the show will remain. you should know i'll be watching up with steve kornacki on saturday april 13th, you should too. if you enjoy the show and format
of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really jumps out to you? >> i'll tell you what, and i am totally serious about this. when i walked in, this is a little earlier than our regular time. people are walking around, taking care of issues from friday. people have come up and said i understand this is a little island with a gdp that's in fan tess mal. i'll tell you what, i'm kind of shocked that it made that jump. i understand that at a time where computerization allows every government on the planet to track and have say complete financial audit trail of everything anybody has, whether it's in this country, 401(k), deferred retirement account. there's a rule of law issue here that's not only going to bug people in cyprus but it's going to bug everybody around the globe. that last comment you played is ridiculous, we'll never do it again. it is absolutely beyond belief. but this really is a shot across for anybody who ha
to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying the. neil: i do want to focus on this development about all of the money company selling out. but not like you'd expect help the economy. as we mentioned, a very serious commitment. >> the s&p 500 pays out in dividends. also hitting the 118 billion. letting the multiplier taken fact for invetors. the. neil: what you make of that? >> everyone running these companies -- not all of them are rational people. as opposed to taking a risk in investing it in some other way. it might create jobs, butt could also be a risk to the company. i sat on the board of the company that did just that. we looked at all of the options and say, we have cashier. we c use this cash. >> yes, this is still capital preservation. >> yes, a few things going on. a huge cash flow -- [inaudible] so they have to return it one way or the other. next 10 years, shares of the next decade could go up to be one it can remarkably g
. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. the. neil: i do want to focus on this development about all of the money com
tell me. neil: the details of which, not to relate, but at this time, everyone said, is this a steve jobs situation? do we know if he is sicker tha we think, you know that went. >> i remember. it was horrible, some articles that came out, one in particular from "wall street journal,." neil: i remember. >> it was tough on my family, it wa saying, you know you have cancer, it will be awkward. why put people in that position. >> did you ever just want to quit out right? >> absolutely not, i started something, i wanted to see it to a good spot, we had not closed with federal reserve yet. we were just about to do that transaction, i committed to people that i wanted to do it, neil, you have to live every day, until you can't. i was in a job, i was loving what i was doing, my family and i spending goo timin time toget. neil: did anyone say this is a threat to your life? you might die? >> for me? >> i was given 9 months to a year to live, so i knew i had until may until i was showing bad affects and i knew i had to work with the board on suck last thing i wanted for my family and tor to say
. should you be using this company to build up your portfolio? ceo steve burke wits joining us coming up next in a fox business exclusive. ♪ thank you orville and wilbur... .amelia... neil and buzz: for teaching us that you can't create t future... by clinging to the past. and with that: you'reistory. instead of looking behind... delta is looking beyond. 80 thousand of us inveing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleast gas turbines are now powering some of america's biggest cities. siemens. answers. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to knowxactly how much i'm paying. i want to
that the cyprus crisis will not be fixed any time soon and will come with serious consequences. steve sedgwick is standing by with the latest from there. but first our own michelle crew c caruso-cabrera is live in cyprus. >> reporter: the situation here grows increasingly desperate. they're down to the wire. cyprus government has to make a decision about what they're going to do. look at the lines that have started to form at nearly every atm of the bank here in cyprus, this liky is considered one of the weakest. they're still able to get money out of the atms in cyprus though banks have been closed all week and won't reopen until tuesday at the earliest. people in line are quite frightened because they know that this is the weakest bank and there had been rumors about it. it is likely to be part of any consolidation effort is that ultimately is what happened. that's every single day likely to be the case. listen to what one man said. he's been taking out money every single day. >> i just took $1,000. i've been taking $1,000 every day. personally i'm taking this money and cash with me to the u
of people wrote them off of after steve jobs. >> that's a good one. when you beat the street, and one of the best when you talk about tech. adobe up 5.5% and obviously a leader and raised their full year numbers and when you do that, that helps things along as well. charles: i tell you what, all green arrows and great stories. thanks a lot, nicole. >> thanks. charles: russia to the rescue? that's right, cyprus' financial ministers in russia right now and you think he's pleading for a financial lifeline, but cyprus actually denies that. now though russia help-- we know if it comes, it's not for free, despite the low interest rate loan they've given. they want to tap the natural gas and established a navy base in the mediterranean and we've got donald jenson, an expert on russia and the russian mob and joins us now. >> i think one of the things that makes the whole deal palatable was that the money was being taken to the russian mob and that's okay. was that really the case? >> i think the mob broadly understood, yes. the germans in particular have long been concerned about rumors that
happening. plus, steve more of the "wall street journal" weighs in on whether the plan makes sense or if they should just go bust. and you can look, but you cannot take it home. how e-commerce is changing the way you can shop. coming up next. ♪
the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it would be game, set, match, right? everything is riding on this blackberry thing at this point given what the stock has done. if there's anything less than a blockbuster, what happens to the stock? >> i think that -- yes. i think we're in the first 48 hours thing and we'll will have one of those things and if it's a dud, but the press reports have been pretty good about it, and i think there are people who are still wedded to the keyboard. i think it's okay. >> i think it depends on how you're valuing the stock. there are some analysts throughout in their models they assigned nothing in the device part of the business. >> that was that great -- the sum of the parts analysis and unfortunately the parts are together right now. so the only time we'll see that value is if parts are actually apart. >> a lot of breakup analys
and steve king has emerged of the leader of the opposition to it in the house. i do think the lack of a voice does somewhat change the calculus a little bit in having people like marco rubio and ran paul not supporting the sessions/king position. >> they can't claim this is being done by people behind closed doors without them -- they are in the room equal number. this is hopefully going true bipartisan bill. >> explain that. the senate process got a lot of attention. there's a house process as well. >> same conversation. actually our process is actually older than theirs. we started quite some time ago. we're all having conversations. >> there are members of both parties working together? >> equal number of republicans and democrats working in the house and senate to come up with a bill. bills will be very similar. >> there's this threshold issue that -- >> i was going say when we talked earlier in the beginning that this issue has, you know, it's revolving. we understand that. by the way, i happen to bree we should be going slow on it. but we've already known we've been working o
in the biggest worry to me is the effect of this whole union of the think banking commit pep steve liesman was talking about it this morning and i think he's right. there will be people slowly moving deposits out of the higher risk countries and maybe into the u.s. and the uk, as well. here's what to look for. april 4th and that's the ecb meeting. watch what mario draghi has to say about that and that he'll make liquidity more available to banks. remember those ltros that they did about a year ago. don't be surprised that they dragged those things out again and everybody was talking about the weak top line growth. there is the company that has to be the envy for everybody looking for top line growth. their projected sales for 2014 and 10% to 12% increase and take out all of the new stores and same-store sales growth, 4% to 6% and those are really good numbers and that stock's up today sitting at a six-month high and i want to see a big welcome to people on the floor and we have ice traders on the floor and intercontinental exchange and they have 40 new traders in the blue room and they'll
Search Results 0 to 25 of about 26 (some duplicates have been removed)